Infineon Technologies AG and GlobalFoundries announced a new multi-year agreement on the supply of Infineon's AURIX? TC3x 40 nanometer automotive microcontrollers as well as power management and connectivity solutions. The additional capacity will contribute to secure Infineon's business growth from 2024 through 2030.

Infineon and GF have been partnering since 2013 in the development of differentiated automotive, industrial and security semiconductor technology and products. At the center of this collaboration is a highly reliable embedded non-volatile memory (eNVM) technology solution that is well suited for enabling mission-critical automotive applications while meeting the stringent safety and security requirements for next-generation vehicle systems. Infineon's microcontroller family AURIX already drives the transition in the industry towards autonomous, connected, and electrified vehicles.